re: Country club hones--going forward

quote:

---

do millennials care about being in a country club.

---

Right now they don't. They may care more in 20 years when they have kids and want them in a good school. I doubt it though.

quote:

---

Is the country club model a dying breed?

---

In some ways, it is. I doubt you'll see many new country clubs open in the coming years. A lot of the ones around here have drastically cut their initiation and membership fees. I was shocked at how relatively inexpensive one near me was when we were approached about joining. There are a lot of houses on its golf course, and it's in a good school district so it will probably survive. Though it wouldn't surprise me to see it go semi-private at some point. The golf course already is, but the pool, tennis courts, and bar/restaurant are still members only.